News Details

Jindal Steel and Power Limited (JSPL), on Tuesday said that it has recorded highest ever first quarter domestic steel production during April – June 2018

“The domestic crude steel production at JSPL’s integrated steel plants at Angul and Raigarh during the quarter April – June 2018 clocked a record 1.23 Million Tonnes, i.e. a rise of 36% from 0.90 M illion Tonne, a year ago,” JSPL said in a filing to the Bombay Stock Exchange.

JSPL also recorded a 46 per cent growth in domestic sales during Q1 2018 - 19 to 1.18 Million Tonnes , up from 0.81 Million Tonne in Q1 of the previous fiscal. The 9 MTPA Pellet Plant also recorded its highest ever production during the month of June 2018, bettering all its previous records.

Commenting on the development, NA Ansari, CEO – Steel Business, JSPL said, “JSPL is on course to translate its blueprint for enhancing capacity utilizations and efficiencies across all its steel plants. While the ramp up at our 6 MTPA steel plant at Angul is on desired trajectory, the steel plant at Raigarh has set new benchmarks of exceeding excellence”,

“We are confident of further accelerating the growth momentum, both in production as well as sales, in the forthcoming quarters to record FY 2018 - 19 as the best ever year in JSPL’s history”, he added.

Attention Investors

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

For Stock Broking Transaction 'Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day...Issued in the interest of Investors.

For Depository Transaction 'Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL/NSDL on the same day...Issued in the interest of investors

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account

For any requests for changes in all types of contact details,please update and reach out to us at 040-42358815